Law firms

‘There’s definitely competition around rates’ – Clifford Chance and Linklaters match Cravath bonuses for US associates

‘There’s definitely competition around rates’ – Clifford Chance and Linklaters match Cravath bonuses for US associates

Clifford Chance and Linklaters will match Cravath scale year-end and special bonuses for associates across their US offices, but not for those working in the UK and elsewhere around the world.

The bonuses mean the firms’ most senior associates, sitting in the class of 2018, will receive December bonuses of $140,000 on top of their salaries. This is split across a $115,000 year-end bonus and a $25,000 special bonus.

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